Quote:
Originally Posted by Paul Markham
So the Chinese lose out. The UK can buy from countries willing to buy our goods.
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wrong...china export to UK=3% of total exports...UK exports to china = 3% of total exports...
3% is 3%...only they are growing and you are not...works out great for the #2 economy in the world, soon to be #1...
also you can not really force the chineese people to buy UK stuff...even if the chin government could do a 1:1 kind of deal this does not mean people will actually buy your stuff...free market and shit...you need to be competitive etc...
Quote:
Originally Posted by Paul Markham
China wasn't. Hong Kong, Japan and others were. Please get some facts.
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you mean hongkong the former brit colony until 97 and japan, countries that did not have cheap labor at all but only produced better than you?...how is that an argument?...
and you completely ignore big money and its wishes...big money gets what big money wants...if the UK does not play like big money says, big money will avoid the UK...